Max Wages While Drawing Social Security 2024. To receive the highest social security payout, you must retire at 70 and have at least 35 working years, earning at least the maximum income amount for the year. There is a special rule that applies to earnings for 1 year, usually the first year of retirement.
27 rows we determine the exempt amounts using procedures defined in the social security act. In 2024, if you collect benefits before full retirement age and continue to work, the social security administration will temporarily withhold $1 in benefits for every.